Nampala: indicated resource of 244 000 ounces of gold confirmed by new calculations Canada NewsWire QUEBEC, June 28 /CNW Telbec/ - Robex Resources Inc. (TSX-V: RBX / FWB: RB4) is pleased to announce that the content of the upper section of zone-100 on the Nampala deposit has gone from 0.95 g/t to 1 g/t following recent calculations which included drill results from a recent campaign completed last Spring. The polygonal method of calculation is complementary to the one done in 2007 by Coffey Mining (NI 43-101) and raises this part of the resource from inferred to indicated. Zone-100 of the Nampala deposit is part of a series of zones found on the Mininko concession where a gold resource of 760 000 ounces has been identified. Drilling was carried out at 25 meters spacing on the oxide portion of the zone. At a cut-off of 0.4 g/t Au the new calculations confirmed 244 000 ounces in the indicated category within 7.6 M tonnes of minerals between the surface and 80 meter depth. The first 80 meters are comprised in a saprolite zone where minerals are easily extracted. Zone-100 remains open to the north as well as at depth below the oxide zone. Robex's strategy is to exploit this part of the deposit as soon as possible. Mineral characterisation and metallurgical tests are currently underway. These tests will help determine the best method of extraction so as to proceed with a prefeasibility study. The technical content of this press release and the results contained within have been verified by Mr. Jacques Marchand, certified NI 43-101 engineer geologist in charge of resource calculations. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. << www.robexgold.com
AddThis
Monday, June 28, 2010
RBX.V NEWS
Subscribe to:
Post Comments (Atom)
Search This Blog
Followers
Blog Archive
-
▼
2010
(259)
-
▼
June
(85)
- FAU.V ALERT
- TEE.V ALERT !!!
- THE PAINTED PIG'S WEDNESDAY MORNING WONDERS
- APA.V ALERT
- Kuwaitis Banned From Travel
- THE PAINTED PIGS TUESDAY MORNING TOPPERS
- YLL.V NEWS !
- APA.V ALERT
- APA.V...THE NEXT BIG DEAL ?
- PHE.V....More to come........
- PHE HALTED !!!!
- RBX.V NEWS
- THE PAINTED PIGS WEEKEND PORK PIES
- PHE.V on the move.....
- THE PAINTED PIGS THURSDAY MORNING THUMPERS
- RSG NEWS
- FAU BREAKOUT TO .69 !!!
- THE PAINTED PIGS WEDNESDAY MORNING WONDERS
- THE PAINTED PIGS MONDAY MORNING MUNCHERS
- THE PIGS MID DAY EXPRESS
- Gold Headed for $10,000 by 2012
- BP Chairman Speaks
- Fire River Gold- THE PIGS IN.
- Fire River Gold
- Slide in shipping
- THE PAINTED PIGS FRIDAY MORNING FRYERS
- Allana Potash to Host Conference Call
- CAN-X New 52-Week High
- THE PAINTED PIGS MID DAY EXPRESS
- AZX.V ALERT
- OSK.V..RESULTS
- NATCORE ON ABC NEWS
- NXT.X NATCORE TECH. ALERT
- GPG NEWS
- EVG ALERT
- THE PAINTED PIGS PRE-MARKET PORK
- THE PAINTED PIGS THURSDAY MORNING THUMPERS
- THE PIGS NIGHTLY SCANS
- TRES OR ALERT
- AUR .V NEWS
- TDC.V NEWS
- FAB.V ALERT
- THE PIANTED PIGS MID DAY UPDATE
- GPG.V ALERT
- CNN UPDATE
- EIN.V ALERT
- AAA.V ALLANA POTASH UPDATE
- TSX UPDATES
- CAJ.V ALERT
- HMI.V ALERT
- SDW-STRATEGIC APPOINTMENTS
- MOUNTAINVIEW ENERGY
- TRV.V MOVING
- NIS.V
- EXN.T
- QTA..V
- THE PIGS PRE MARKET PORKERS
- THE PAINTED PIGS WEDNESDAY MORNING WHOPPERS
- NIGHTLY SCANS POSTED BY 6 PM MST
- Golden Odyssey
- PPI-X
- THE PAINTED PIGS MID DAY EXPRESS
- DECADE RESOURCES RESUMPTION
- DEC NEWS
- Superior Mining
- New Global samples 153.5 g/t Au at El Tesoro
- DEC.V HALT WATCH
- CBA-X
- Darnley Bay Resources
- BHP DEAL
- Intercepts 74 Meters of 2.32 g/t Au
- THE PAINTED PIGS TUESDAY PRE MARKET PORKERS
- THE PAINTED PIGS TUESDAY MORNING TIPPERS
- PPI.V MOVING ON RUMOURS OF POTASH
- THE PAINTED PIGS MID DAY EXPRESS
- THE PAINTED PIG'S WEEKEND PORK PIES JUNE 12/13-2010
- THE PIGS FRIDAY MORNING FRYERS
- THE PAINTED PIGS WEDNESDAY MORNING WONDERS
- THE PIGS TUESDAY MORNING STOCK WATCH LIST
- THE PAINTED PIG'S MONDAY NIGHT UPDATE
- THE PAINTED PIGS WEEKEND CHOICE CHOPPERINO'S JUNE ...
- THE PAINTED PIGS FRIDAY MORNING FRYERS
- THE PAINTED PIGS THURSDAY MORNING THUMPERS
- THE PAINTED PIGS MID DAY ALERT-JUNE 2, 2010
- THE PAINTED PIGS THURSDAY MORNING THUMPERS
-
▼
June
(85)
About Me
- The Pig
- 30 Years of experience in the markets, including some time as a broker.
No comments:
Post a Comment